Inside Project Black: The World’s First Supercar Ownership NFT Series

The world’s first supercar ownership NFT series called The Project Black program was recently launched which will let the NFT owners drive and share the $350,000 Mercedes-AMG GT Black Series. The ownership of the impossible to find Mercedes-AMG will be shared across the 12 NFT owners and each of them will have a month to drive and enjoy the luxury car. The UAE-based company named MContent initiated the supercar ownership NFT series and claimed that the world’s first tokenized content ecosystem will be a groundbreaking format in the NFT world. The specifics of the Project Black program is detailed below.

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The first supercar ownership non-fungible tokens or NFT in the world known as The Project Black programme was finally launched in Dubai last April 22, 2022. The said NFT is hot selling that the first three NFTs were sold within minutes after the launch. The buyers of the NFT will be receiving some digital as well as physical artworks made by the NFT artist Idriss B. The buyers will also be able to enjoy owning and driving the Mercedes - AMG GT Black Series for a month. The NFT launch was organized by the web3 and cryptocurrency company MContent which partnered with the prominent artist Idriss B. Idriss B is well known to have been affiliated with numerous famous celebrities including Lindsey Lohan, Akon and Snopp Dogg. According to Idriss B, when the company approached him about the idea, he was totally into the concept and already had thousands of ideas knowing that the NFT element will be pushing some boundaries and will be giving endless possibilities of creativity.

This kind of unique NFT will have a lot of utilities such as being able to drive, own and experience the car for each month of the year which is accompanied by a unique 3D NFT model of the the Mercedes - AMG GT Black Series and an endearing actual physical miniature of the car model with some unique elements which are based on the number of the NFT released. They have created about twelve of a kind bespoke digital as well as physical artworks which will be given to the NFT buyers which symbolizes the months in a year and were minted for each owner.

The said NFT will entail a shared ownership of the car and after some years, MContent plans to resell the car and then redistribute the proceeds of selling back to the NFT holders. The auction for this NFT will run for about 12 days. The actual base price for each NFT is roughly estimated to be about 25 ethereum which converts to around $80,000. The Project Black program only allows 12 buyers of their NFT and these purchasers will be sharing the ownership and consumption of the rare supercar AMG luxury vehicle. The creator of MContent, Umair Masoom, added that the world’s first token based content network Project Black will be a means of sharing and spreading the luxury asset ownership with only a few members enjoying this privilege.

Aside from the common ownership of the Mercedes - AMG GT Black Series, they are planning to donate a portion of the NFT sales earnings to the Rashid Center for People of Determination to help fund the charity’s CSR framework. During the launch of the Automotive Industry based NFT, the event also showcased some digital tutorials from the popular auto-influencers such as Arab GT and Super Car Blondie.

MContent owner and founder, Umair Masoom, believes that the Project Black is designed to bring a scalable and creative fix in order to solve the demand, supply, affordability and funding gaps which already exist across the different industries across the world. Masoom believes that their breakthrough NFT format named Project Black will be the starting point of selling distinctive experiences shared across numerous consumers rather than each of them owning the said goods which eventually scarce the availability of the goods. Their initiative will be creating a global trend which be distributing the ownership of the luxury asset for different luxurious brands.

Project Black started as an ecosystem with the world’s first blockchain based content and after the launch, they will be launching the world’s first decentralized content streaming platform called Watch2Earn which will be then followed by another launch called Cineverse which is the Cinema for the Metaverse and will be expanded to several locations. Artist Idriss B added that he is happy and excited to be part of this first initiative on the Automotive industry which he thinks is not only a great concept, but being a part owner of the car is like owning a piece of art.

READ NEXT: Former First Lady Melania Trump Launches Her Own NFT

Sources: Curly Tales, Luxury Launches, Moon Stats

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Amber Heard Lied About Donating Divorce Settlement

Although Amber Heard promised to donate her million-dollar divorce settlement from Johnny Depp to charity, the actress has yet to make good on her words.

In her ongoing defamation lawsuit with Johnny, a pre-recorded deposition was played in court from Terence Dougherty, the chief operating officer of the American Civil Liberties Union (ACLU). The deposition was filmed in December of last year.

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Back in 2017, Amber promised to donate half of her $7 million divorce settlement to the ACLU, a non-profit that defends people’s rights and liberties, PEOPLE reports.

However, in his testimony, the organization’s CFO revealed they still haven’t received the full amount promised ($3.5 million). So far, only $1.3 million was donated in Amber’s name in 2018, he said.

Dougherty said the organization reached out to the actress in 2019 to inquire into the second installment, but they were told she was having “financial difficulties.”

The CFO also confirmed that ACLU’s attorneys helped write and approve her 2018 op-ed for The Washington Post in which she describes surviving domestic abuse. Though she doesn’t mention her ex-husband by name, it’s widely believed to be about Johnny.

The Pirates of the Caribbean actor subsequently launched a defamation case against Amber the following year, which is only now being heard in court.

Johnny and Amber wed in 2016 after meeting on the set of 2011’s The Rum Diary. However, the Aquaman actress filed for a divorce and requested a restraining order the next year. The divorce was granted in 2017.

The exes released a joint statement following their divorce in which they revealed Amber would donate the $7 millon settlement.

“Our relationship was intensely passionate and at times volatile, but always bound by love. Neither party has made false accusations for financial gain,” it read.

The statement continued. “There was never any intent of physical or emotional harm. Amber wishes the best for Johnny in the future. Amber will be donating financial proceeds from the divorce to a charity."

Soon after, Amber released her own statement in which she clarified that "the amount received in the divorce was $7 million and $7 million is being donated."

Although Amber has yet to take the stand, a variety of startling revelations have come out in the ongoing defamation case. An audio recording featured Amber admitting to hitting her then-husband was used as evidence. It’s also been alleged that she defecated on Johnny’s bed.

Amber’s legal team has stated they plan to prove she experienced a variety of abuse – including physical, emotional, and sexual – during her marriage to Johnny. So far, the actress has not commented on the revelation she hasn’t fully paid the settlement money as promised.

NEXT: Bill Hwang Puts Out $100 Million For His Freedom

Sources: PEOPLE, PEOPLE, Vanity Fair,

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Kailyn Lowry Dropped $200,000 To Fight Briana DeJesus

The stars of the Teen Mom franchise used to share their financial struggles on the show as they tried to make ends meet as young parents. Nowadays, the mothers are spending hundreds of thousands of dollars to fight amongst each other, as evidenced by Kailyn Lowry’s latest lawsuit.

Kailyn recently came up on the losing side of a defamation case she launched against Briana DeJesus. The reality star originally filed the lawsuit after her co-star gave an interview in which she claimed Kail physically attacked Chris Lopez, the father of her youngest two kids.

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Earlier this month, the case was dismissed. Not only did the judge find Kailyn failed to properly notify Briana of the lawsuit, but it violated Florida’s Anti-SLAPP statue.

Now, a week since the ruling, Kailyn opened up about just how much she had to spend on the failed lawsuit. “I just got out of a defamation lawsuit. I lost– well, it was dismissed. I didn’t lose. It was dismissed,” Kailyn said during an appearance on The Viall Files podcast.

She added, “It was a waste of $200,000. But you live and you learn.”

The podcast’s host, Nick Viall, responded to suggest that Kailyn probably regrets spending the small fortune given how the case worked out. But Kail corrected him.

“I actually don’t regret it because I stood up for myself,” she explained. “I felt like I was taking a lot [from Briana], so I stood up for myself. So, ultimately, if nothing else, that’s what I got out of it.”

Kailyn continued on to explain she believes she los the case largely because she filed the lawsuit in Florida.

"I personally think that, the state of Florida— I had to sue her in the state of Florida [where she lives]— and they just look at things very differently,” the reality star said. “But the judge didn’t think that I proved [Briana acted in] malice [and that] she purposely spread rumors and lies.”

Kailyn added that she’s wanted to sue people for defamation in the past, but her legal team has often advised against it. Still, she emphasized that she can’t regret “stand[ing] up for what’s not true.”

Briana was quick to vocalize her satisfaction with the court’s ruling shortly after the decision was released. “Suck my dick,” she tweeted alongside an article explaining why Kailyn lost the cast.

Kailyn also sent out an official statement on her social media channels. “While today’s ruling is unfortunate, I have to respect the judge’s decision,” she wrote. “With that being said, I stand by my truth and the information spread about me was and still is not true.”

The MTV star said she’s looking forward to re-focusing her attention on her various projects as well as her four boys.

NEXT: Bill Hwang Puts Out $100 Million For His Freedom

Sources: The Ashley, The Viall Files,

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Joe Exotic Plans A Luxurious (& Pricey) Prison Wedding

Joe Exotic may still be behind bars, but that’s not stopping him from throwing a lavish wedding. Especially when it comes to his outfit, the Tiger King star is prepared to drop some serious cash to make the day memorable.

According to TMZ, Joe’s lawyers reached out to Odain Watson of L.A. streetwear brand Odaingerous to see if the designer would create custom outfits for Joe and his new fiancé, John Graham. Not only has Odain agreed, but he’s having the all-white tuxedos made overseas in Italy. They’re going to cost around $11,500 per piece.

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Joe has requested that the tuxes feature a little something special – that being a custom, silk tiger-print lining. The ex-zookeeper’s lining will be bright pink, while his partner will go with a more subdued version.

This isn’t the first time Joe has collaborated with the designer. In 2020, Odaingerous signed a deal with the controversial star to release a line of themed items, including clothing, shoes, and underwear.

As per Us Weekly, the Odaingerous x Joe Exotic collaboration made its first release in May 2020. The entire collection sold-out within a day.

“So many of the qualities in this collection aligned with the things Joe experienced on and off the show,” the designer's website explains of the collaboration. “Odaingerous shows the good, bad & the ugly side of Tiger King in this bold collection.”

Joe is currently serving a 22-year prison term FMC Fort Worth in Texas after being convicted of a variety of charges, including for animal abuse and murder-for-hire plot he tried to orchestrate against Carole Baskin.

Despite being incarcerated, Joe hasn’t let it stop him from finding love again. It was reported last year that Joe is seeking a divorce from his current husband, Dillon Passage. The couple married in 2017, only two months after Joe’s former husband, Travis Maldonado, died after accidentally shooting himself.

However, it was confirmed earlier this month that a part of Joe’s motivation to divorce Dillon is so he can marry a new love interest he met while behind bars.

"Mr. Maldonado-Passage is seeking a divorce from jail because he desires to marry his new love interest, Mr. John Graham whom he met in prison,” Joe’s lawyer, Autumn Beck Blackledge, confirmed to PEOPLE.

Though the couple met while incarcerated, John has been released. However, Joe's attorney confirmed John is not looking to make any public statements or appearances, despite the interest around the new relationship.

Though they broke up last year, Joe is still in the process of getting the divorce from Dillon. "Joe is nearing the end of his cancer treatment and has fallen in love," Joe’s attorney previously stated. "He has no ill will toward Dillon, but has been trying for a while to reach him to get a divorce settlement."

There’s no confirmation of when Joe and John plan to say ‘I do.’

NEXT: Bill Hwang Puts Out $100 Million For His Freedom

Sources: TMZ, Us Weekly, Odaingerous, PEOPLE,

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Intel: Meteor Lake Chiplet SoC Up and Running

Alongside Intel’s regular earnings report yesterday, the company also delivered a brief up on the state of one of their most important upcoming products, Meteor Lake. Intel’s first chiplet/tile-based SoC, which completed initial development last year, has now completed power-on testing and more. The news is not unexpected, but for Intel it still marks a notable milestone, and is important proof that both Meteor Lake and the Intel 4 process remain on track.

Meteor Lake, which is slated to be the basis of Intel’s 14^th generation Core processors in 2023, is an important chip for the company on several levels. In terms of design, it is the first chiplet-based (or as Intel likes to put it, “disaggregated”) mass-market client SoC from the company. Intel’s roadmap for the Core lineup has the company using chiplet-style SoCs on a permanent basis going forward, so Meteor Lake is very important for Intel’s design and architecture teams as it’s going to be their first crack at client chiplets – and proof as to whether they can successfully pull it off.

Meanwhile Meteor Lake is also the first client part that will be built on the Intel 4 process, which was formerly known as Intel’s 7nm process. Intel 4 will mark Intel’s long-awaited (and delayed) transition to using EUV in patterning, making it one of the most significant changes to Intel’s fab technology since the company added FinFETs a decade ago. Given Intel’s fab troubles over the past few years, the company is understandably eager to show off any proof that its fab development cycle is back on track, and that they are going to make their previously declared manufacturing milestones.

As for this week’s power-on announcement, this is in-line with Intel’s earlier expectations. At the company’s 2022 investor meeting back in February, in the client roadmap presentation Intel indicated that they were aiming for a Q2’22 power-on.

We have officially powered-on our first disaggregated product: Meteor Lake. An incredible milestone resulting from the efforts of so many across @intel. Congratulations, team! pic.twitter.com/eKvHzDqSiu

— Michelle Johnston Holthaus (@MJHolthaus) April 29, 2022

In fact, it would seem that Intel has slightly exceeded their own goals. While in a tweet put out today by Michelle Johnston Holthaus, the recently named EVP and GM of Intel’s Client Computing Group, announced that Meteor Lake had been powered on, comments from CEO Pat Gelsinger indicate that Meteor Lake is doing even better than that. According to Gelsinger’s comments on yesterday’s earnings call, Meteor Lake has also been able to boot Windows, Chrome, and Linux. So while there remains many months of bring-up left to go, it would seem that Meteor Lake’s development is proceeding apace.

But that will be a story for 2023. Intel will first be getting Raptor Lake out the door later this year. The Alder Lake successor is being built on the same Intel 7 process as Alder Lake itself, and will feature an enhanced version of the Alder Lake architecture.

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The 8 Most Expensive Charities Done By Meryl Streep | TheRichest

 

Meryl Streep is known as one of the greatest actors for her stunning dramatic portrayals. A role model to many, Meryl’s inspiring personality and marvelous acting have landed a fortune worth $160 million. Although the star splashes a fortune on herself and her family, she gives back to the community by donating millions when the world needs help.

From donating millions to saving the theater where she first began her career, the A-lister has helped charities in every way possible. Let’s take a look at Meryl Streep’s most expensive philanthropic ventures.

8 Saving New York Public Theater

Streep has worked in theater for more than 45 years and has performed in multiple plays throughout her acting career. In October 2012, she generously donated $1 million to honor the New York Public Theater founder, Joseph Papp, who is a friend and mentor to her. She also donated the amount in remembrance of Nora Ephron, one of the Board Members at the Theater and a supporter of the actress, as stated by The Hollywood Reporter.

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7 Women’s History Museum, Washington DC

Due to her critically acclaimed performances, she is one of the highest-paid actresses of her time and earns a fortune for her movie roles with a base price of $20 million. In 2011, the star portrayed the lead role of Margaret Thatcher, the former Prime Minister of Britain, in The Iron Lady. The movie earned Streep her third Oscar. The actress was so determined to make the movie that she slashed her salary to $1 million and paid the entire amount to the Women's History Museum.

6 Beirut Blast Female Victims

The Beirut blast that occurred in 2020 was one of the most devastating explosions in recent times, and more than 190 people lost their lives while many were left homeless and traumatized. The actress donated $25,000 to support the victims affected by the blasts. She contributed to a Lebanese non-governmental organization called Kafa that aims to remove gender-based violence in the country, as noted by Vogue.

5 University of Massachusetts Lowell Scholarships

In March 2014, Meryl helped the University of Massachusetts Lowell by appearing at the University for Conversations With Meryl Streep, wherein a bestselling author interviewed her. Her appearance raised over $230,000 for two scholarships to establish distinguished English and Math majors at the University.

4 Committee To Protect Journalists

The actress was the proud recipient of the 2017 Cecil B. DeMille Award at the Golden Globe Awards. The actress took the stage to talk about politics rather than discuss her acting career. She gave a heartfelt yet inspiring speech. As mentioned by Forbes, she spoke about the members of the press and the Committee to Protect Journalists (CPJ), which helped them raise over $250,000 through individual donations.

3 Time’s Up Movement

Time’s Up Movement was launched at the end of 2019 to shed light on the sexual harassment and abuse that women and men face everywhere, including in Hollywood. Time’s Up Movement asked for donations to help provide legal aid for people who have suffered through harassment. Many A-listers made large donations to the movement, including Meryl, who generously contributed $500,000.

2 Silver Mountain Foundation For The Arts

Meryl Streep and her husband Don Gummer established an organization called the Silver Mountain Foundation For The Arts in 2012, which mainly offers aid in the education, healthcare, arts, and human services sectors. According to Huffington Post, nobody in the organization earns a salary, and the actress has donated millions over the last few years. She has donated over $1 million to Vassar College, $5,000 each to every Meals On Wheels in New York City, $100,000 to Oxfam America, and $200,000 to the National Women’s Museum in Virginia.

1 Viola Davis’ Charities

Streep and Violas Davis have been long-time friends who have always helped and supported each other by appreciating each other’s work. As both women have organizations that help people, Streep donated $10,000 to Viola Davis’ favorite charter school from her hometown of Central Falls, Rhode Island. Her donation was a huge help since the school has plans to raise $1.2 million to renovate the building and introduce a community center.

Her other notable donations include Coalition For The Homeless, Equality Now, and The Rainforest Foundation. Through her work in reel and real life, Meryl has inspired fans worldwide to use their power for good. She remains a pillar of influence for the young generation of actors who want to make a difference around them.

READ NEXT: Inside The Unconventional Watch Collection Of The Weeknd

Sources: The Hollywood Reporter, Vogue, Forbes, Huffington Post

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These Are The Best Countries For A Comfortable Retirement

Upon retiring, a lot of retirees may find the transition difficult. This list may help them find the best country to retire to if they are planning to retire outside the United States.  This compilation is based on the average monthly cost of living expenses and the safeness of the country. Searching for the cheapest place to retire may be one of the easiest tasks however, finding a comfortable and safe place to live in is probably difficult. It is not that easy to find a comfortable environment that checks the entire list for the retirees. However if one is only looking for a safe and comfortable place to live in, listed below are the best option for you.

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10 Romania

Romania is among the lowest costs of living in the world, ranking as 101^st most expensive country to live in. The monthly cost of living for a single person in Romania is $1000. It is also among the top safest country across the world placing on the 25^th spot. Romania is a great country for US residents to retire to since it is one of the countries in Europe where English is widely used and spoken. Romania places 16^th for English proficiency across Europe, better than countries in the continent such as Italy, Greece, Spain and France.

9 Poland

Poland is considered to be among the most economically developed countries in the area of Eastern Europe. The country ranks as the 24^th safest country to live in and 79th most expensive country in the world. The average monthly cost of living in Poland is around $1,000. Although the English language is only fairly spoken in the country with about 40% of the locals speaking the language, a lot of people are still choosing to retire and move to the country because of good balance of the quality of life in the country.

8 Australia

Australia ranks as the 16^th safest country in the world and also ranked 16^th as the most expensive country. The average monthly cost of living in Australia is around $3,000. Although it might be a little expensive to live in the country, Australia is considered to be the 4^th happiest country in world. The people in the country are known to be envied because of their carefree lifestyle and way of living.

7 Netherlands

Netherlands ranks as the 14^th safest country in the world but it is also among the most expensive country to live in taking the 17^th spot. The monthly cost of living in Netherlands is around $2700. Although it might be an expensive country to live in, people from the United States can comfortably live in the country since the English language is widely used and spoken by about 90% of the population. The quality of life in the country is good as well with a life revolving around biking.

6 Malaysia

Malaysia ranks as the 23^rd safest country in the world however it is among the cheapest country to live in as it is placed on 92^nd spot of the most expensive country in the world. Malaysia is the only Asian country on the list and generally, the people in the country knows how to speak English. The country is friendly and comfortable place to live in with a relatively low crime rate. The monthly cost of living in Malaysia is around $500.

5 Canada

Canada ranks as the 10^th safest country in the world however it is among the most expensive country to live in placing on the 31st spot. Living in Canada might be too expensive, the costs of living in Canada vary in each city, on the average, the monthly cost of living expenses is around $2,200 to $2,500 in the rural areas. Although living in Canada might be a little expensive, the country has a great reputation for being friendly and safe place to live in.

4 Slovenia

On the average, the cost of living in Slovenia is about 27.87% lower than in the United States. The country ranks 43^rd most expensive country in the world and the cost of living in the country averages to about $1,500. Slovenia is considered safe and stable to live in according to the website Smart Asset website. Slovenia is known to have the lowest crime rate in the world, ranking as the 5^th safest country in the world. The locals of the country is said to be welcoming and friendly especially to foreigners.

3 Austria

The cost of living in Austria is about $2,200, which places the country on the 24^th place as the most expensive country in the world. It might be among the most expensive countries to live in but it is also among the safest countries in the world placing on the 6^th place. The quality of life in Austria is high and even a recent survey has placed Austria on the 2^nd spot for the best quality of life. Vienna has bested other cities in the world as the Most Livable City in the world for ten years now.

2 New Zealand

On the average, the cost of living in New Zealand is about 5.68% higher than United States, ranking as 23^rd most expensive country in the world. The average monthly cost of living in New Zealand is around $2,500. Although living in New Zealand might be a little bit more expensive, it ranks as the 2^nd safest country in the world. New Zealand is known for its quality of life combined with great ambiance as numerous wonderful beaches, national park and bike trail surrounds even the biggest cities.

1 Portugal

On the average, the cost of living in Portugal is reportedly 35.76% lower than in the United States, ranking as 56^th most expensive country in the world. The monthly cost of living in Portugal is around $1,500. Portugal is said to be the 2^nd cheapest country to live in the Western Europe area, it ranks 15^th out of 16 countries. It was also reported about a third of Portuguese people can speak English. The nation of Portugal is among the safest countries in the world placing on the 4^th place this year. The sandy beaches and warm weather of the country will surely welcome the retirees from the US.

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Sources: Numbeo, World Population Review, Vision of Humanity

 

 

 

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The 10 Highest-Grossing Ewan McGregor Films, Ranked

McGregor has been in the industry since 1993 and was able to accumulate a net worth of $50 million. Through the years of his career, he has been recognized by numerous Award giving bodies and was even nominated and won awards including a Golden Globe award. Although Ewan Gordon McGregor was popularly known as Obi-Wan Kenobi in numerous Star Wars film, he has done a lot more film and most of which made great money on the box office. Take a look at his highest grossing films of all time.

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The film Birds of Prey was released last February 7, 2020 and was distributed by Warner Bros. Pictures. The movie resulted to $85 million domestic gross and $200 million on the worldwide box office. The film directed by Cathy Yan is about Harley Quinn’s explosion after her breakup with the Joker which led to a big target on her back. She faces the wrath of the narcissistic crime boss Black Mask with his right hand mand named Victor Zsasz.

The film Robots was released last March 11, 2005 and was distributed by 20th Century Studios. The movie resulted to $128 million domestic gross and $260 million on the worldwide box office. The film directed by Chris Wedge is about the world full of robots and a striving young inventor named Rodney Copperbottom played by Ewan McGregor who wants to work for avuncular Bigweld played by Mel Brooks. However Bigweld has been deposed after the company headed by villainous Phineas T. Ratchet played by Greg Kinnear had submitted all the robots to make profitable forced upgrades.

Angels & Demons is film released last May 15, 2009 and was distributed by Sony Pictures, Columbia Pictures, and Sony Pictures Releasing. The movie has resulted to $133 million domestic gross and $490 million worldwide box office. The movie directed by Ron Howard is about the Harvard symbologist named Robert Langdon who discovered the resurgence of some ancient brotherhood that was popularly known as the Illuminati. He then flew to Rome to warn the Vatican about Illuminati which is their most hated enemy.

Star Wars Episode II: Attack of the Clones is a film released on May 16, 2002 and distributed by 20th Century Studios and 20th Century Studios Home Entertainment. The movie resulted to $310 million on domestic gross and $650 million on the worldwide box office. The film directed by George Lucas is about ten years after the The Phantom Menace took place and when the Republic continued to be mired in chaos.

Star Wars: Episode III - Revenge of the Sith is a film released on May 19, 2005 and was distributed by 20th Century Studios. The movie which was adapted from Star Wars: Episode IV - A New Hope resulted to $340 million on domestic gross and $850 million on worldwide box office. The film directed by George Lucas is about the world post Clone Wars, just three years after the Clone Wars began, after Jedi Master Obi-Wan Kenobi played by Ewan McGregor and Jedi Knight Anakin Skywalker played by Hayden Christensen rescued Chancellor Palpatine from the commander of the droid armies. At the time, the Jedi Council raised suspicions concerning Chancellor Palpatine however Anakin already formed a bond with him. He was then asked to spy on the chancellor which eventually led him to form some bitterness toward the council and resulted to him embracing the Dark Side.

Star Wars: Episode I - The Phantom Menace is a film released last May 19, 1999 and was distributed by 20th Century Studios and 20th Century Studios Home Entertainment. The movie resulted to $475 million domestic gross and $1.027 billion on the worldwide box office. The film directed by George Lucas is about Obi-Wan Kenobi who was under the apprenticeship of the Jedi knight named Qui-Gon Jinn played by Liam Neeson. When the Trade Federation cut all the routes to the planet Naboo, Qui-Gon and Obi-Wan made sure that things will go back to normal.

Star Wars: The Rise of Skywalker is a film released last December 20, 2019 and was distributed by Walt Disney Studios Motion Pictures. The movie has resulted to $515 million on domestic gross and $1.072 billion on the worldwide box office. The movie directed by J.J. Abrams is about the time that evil Emperor Palpatine was discovered was alive and did not die at the hands of Darth Vader. The rebel needed to immediately take action to find his whereabouts.

Beauty and the Beast is a film released on March 17, 2017 and was distributed by Walt Disney Pictures, and Walt Disney Studios Motion Pictures. The movie resulted to $505 million domestic gross and $1.270 billion on the worldwide box office. The movie directed by Bill Condon is about the arrogant prince who was cursed to live his life as a terrifying beast until he can find someone who will love him. His chance came when he was able to capture an unwary clockmaker whose place was taken by the beautiful daughter Belle.

READ NEXT: How The Creator Of ‘Star Wars’, George Lucas, Earns His Billions

Sources: Celebrity Net Worth, The Numbers, IMDB

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How Under Armour Became A Billion-Dollar Brand | TheRichest

 

Under Armour is an American sports equipment company known for manufacturing footwear, sports, and casual apparel. The revered sports equipment firm is often credited with revolutionizing the sports apparel segment by creating a microfiber-derived t-shirt that proved beneficial for athletes across the globe tackling a torrid work environment. A detailed and clear-cut plan of action executed by founder and CEO Kevin Plank worked wonders for the growth and expansion of Under Armour, with its market valuation estimated to be a whopping $10.8 billion in recent times. From battling financial difficulties at the beginning to becoming a billion-dollar enterprise, Under Armour's success story is an inspiring tale of hard work and commitment.

4 A Game-Changing Revelation

The inception of the Under Armour involved a clear-cut business plan that successfully flourished over the years.

Kevin Plank's stint as the University of Maryland Football team captain led to a startling revelation that helped nurture his career as an entrepreneur. Plank's superior observational skills detailed the ability of compression shorts to remain dry even after athletes' sweaty on-field practice routine, leading to the invention of his patented moisture-wicking gear.

RELATED: A Peek Inside Jessica Simpson's Billion-Dollar Retail Empire

3 A Treacherous Path To Success

Kevin Plank's objective was as clear as day and oozed potential. The budding entrepreneur would use his savings derived from his stint as a T-shirt salesman at concerts to fund his newfound business venture and would even go as far as to use his credit card debt to secure a decent financial backing needed to sustain his business operations.

In the way forward for his business venture, he soon encountered a dark patch. The budding entrepreneur's tireless efforts to make it big in the business sector would prove futile, as, by year's end, Kevin Plank was shattered financially.

However, Plank's unrelenting desire to execute a potentially game-changing enterprise would begin to bear fruit, with his first $17,000 sale to Georgia Tech proving to be a confidence booster for the entrepreneur.

Under Armour's second year in business would prove significantly more successful, with a sizable $100,000 sale in product to twelve notable NFL teams opening the doors for large-scale expansion.

2 The Emergence Of Under Armour

https://www.fundable.com/learn/startup-stories/under-armour

With a steady stream of success coming Plank's way and his growing enterprise, Under Armour began its expeditious ascend to mainstream attention and market domination.

The rapidly expanding American sports company would begin to supply uniforms for the 1999 sports drama film Any Given Sunday and would even execute various national advertising campaigns that refined their public relations for the better.

Several big-money sports teams, retailers, and even revered sports personalities like Tom Brady and Randall Cobb would begin to associate themselves with the rapidly growing business venture, with Under Armour gracefully evolving into a multi-million dollar corporation in the years to come.

Plank's definitive thought process and overwhelming success would take the sports equipment segment by storm, with Nike, Gildan Activewear, and even Columbia sportswear taking notice of the sustained growth of the Under Armour moniker.

By 2002, the hugely profitable business enterprise was carried in over 2,500 retail stores, with Under Armour on the cusp of becoming the leading sports equipment firm globally.

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1 Becoming A Recognized Name In The World Of Sports

Under Armour's steady climb to the top of the summit of success culminated into gargantuan sales figures over $4 billion.

Kevin Plank's out-of-the-box thinking and superior decision-making abilities as an entrepreneur did wonders for his business empire and personal net worth, with a strong workforce of over 6,000 employees turning the wheels of the flourishing business enterprise like a well-oiled machine.

Under Armour has successfully refined its product portfolio to suit the times, with the likes of their sportswear, footwear, and casual apparel line detailing the firm's versatile business approach.

However, the sports equipment firm's calling card remains its revolutionary microfibre-derived T-shirt that keeps athletes cool in a torrid environment. While the creation of their diverse product portfolio is deemed a direct result of the immense popularity garnered by the shirt itself.

Kevin Plank has revolutionized the sports equipment segment with authority. Under Armour today is an established name in the competitive segment and is easily one of the most innovative and subversive firms with an enormous market value and annual turnover. Kevin Plank's struggle and undeterred perseverance to establish the Under Armour moniker details clarity when it comes to the plan of action, with the inevitable success of the firm giving the likes of established sports apparel companies like Nike and Adidas a run for their money. The brand's goodwill and monetary emolument is stronger than ever, and one can expect their steady expansion rate to snowball further in the near future.

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Sources: Fundable, Business Insider, Fox Business 

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Bill Hwang Puts Out $100 Million For His Freedom | TheRichest.com

Bill Hwang – the investor and Archegos Capital Management founder currently facing fraud charges – has been temporarily released on a $100 million bail.

According to Yahoo! News, Hwang made his first public appearance yesterday following his arrest early the same morning. He entered a plea of not guilty. To secure the bail, the businessman agreed to forfeit $5 million in cash as well as two of his properties, including his personal residence.

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Hwang was instructed to hand over his passport to prevent him from travelling internationally. However, he said he recently lost it, so his wife agreed to provide hers instead.

Federal prosecutors confirmed yesterday that they arrested Hwang as well as Archegos’ Chief Financial Officer Patrick Halligan on criminal charges. The pair are accused of “manipulative trading” and “deceptive conduct” after allegedly committing fraud.

Hwang and Halligan are facing a variety 11 criminal charges, including racketeering, market manipulation, securities fraud, and wire fraud.

"We allege that these defendants and their co-conspirators lied to banks to obtain billions of dollars that they then used to inflate the stock price of a number of publicly-traded companies," Damian Williams, Manhattan U.S. attorney, explained in a statement to the media.

“The lies fed the inflation, and the inflation led to more lies. Round and round it went,” he continued.

Like Hwang, Halligan also pleaded not guilty to the charges and secured bail for himself. However, his bond was substantially lower at $1 million. Both men are set to return to court in lower Manhattan on May 19^th.

Hwang’s legal team has been vocal about the investor’s plans to fight the criminal charges, arguing the state doesn’t have enough evidence to back up their claims.

"We are extremely disappointed that the U.S. Attorney’s Office has seen fit to indict a case that has absolutely no factual or legal basis; a prosecution of this type, for open-market transactions, is unprecedented and threatens all investors," Hwang’s lawyer Lawrence Lustberg stated.

The attorney added that Hwang is “entirely innocent of any wrongdoing” and “there is no evidence whatsoever that he committed any kind of crime.”

Halligan’s lawyer, Mary Mulligan, echoed a similar sentiment, noting her client is "innocent and will be exonerated."

ABC News explains the pair’s criminal actions affected the stock prices of many companies, compromised the savings of employees, and left banks with billion-dollar loses.

However, it personally benefited Hwang and Halligan. Hwang’s net worth rose from $1.5 billion to $35 billion in one year due to the illicit activity, the publication notes. With a net worth like that, $100 million in bond money may not be such a big deal after all.

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Sources: Yahoo! News, ABC News,

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Beyoncé Invests A Small Fortune In Enhanced Water

Beyoncé is adding a new venture to her portfolio, as the singer recently invested in a new start-up beverage brand.

According to Food Business News, Lemon Perfect acquired $31 million in Series A financing thanks to investors, such as Beyoncé. This means the brand has over $42 million in funding a valuation of $100 million.

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Lemon Perfect advertises itself as a “new squeeze on hydration.” The brand was founded in 2017 by Yanni Hufnagel who sought to bring a deliciously healthy and hydrating beverage to life.

“Lemon Perfect is a super-refreshing, full-flavored, hydrating lemon water with no sugar, artificial flavors or sweeteners,” the brand’s website explains. “We squeeze half an organic lemon into every bottle to make superfruit hydration more convenient, delicious and blissful.”

The brand offers a variety of different flavors, including lemon, dragon fruit mango, blueberry acai, and peach raspberry. Each drink is infused with electrolytes and antioxidants to support hydration.

Lemon Perfect saw a spike in popularity in 2020 after Beyoncé shared a photo of herself inside a limo featuring a bottle of the brand’s dragon fruit mango flavor.

The company’s founder directly credits Beyonce’s influence for the success of the brand thus far. “She had posted a photo with it in her limo, and all of a sudden my phone blew up,” Hufnagel explained. “We came to learn that she was an authentic fan of the brand.

He continued, “A year later, one of our investors was in her house and saw her stash in the fridge and helped us build the bridge with her. It is beyond my wildest dreams to have someone of her influence being a fan of the brand.”

Lemon Perfect confirmed on Thursday that Beyoncé invested in the brand during their latest financing round. It’s suspected she made a seven-figure investment, though an exact number hasn’t been confirmed. Other backers in the company include Beechwood Capital, Goat Rodeo Capital, and Trousdale Ventures.

“I don’t typically enjoy drinks without added sugar, but Lemon Perfect is delicious,” Beyoncé said in a statement of why she invested in the brand.

“It was an easy decision to invest in something that not only tastes great and is healthy, but also, and most importantly, allows choosing a healthier lifestyle to be affordable and accessible to everyone,” she continued.

Things were looking good for Lemon Perfect even before its Series A financing. Last year alone, the company quadrupled its profits for a total revenue of $21 million. Hufnagel believes it can do the same this year, as he predicts a revenue of $60 million in 2022. They also hope to expand their team, which currently consists of 70 employees.

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Sources: Lemon Perfect, Tech Crunch, Food Business News,

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Intel Reports Q1 2022 Earnings: Improved Enterprise Sales Buoy Weaker Client Revenue

Kicking off our coverage of the first earnings season of the year for the tech industry, we as always start with Intel. The blue-hued blue-chip company is the first out of the gate to report their results for the first quarter of 2022, with Intel reporting something of a mixed quarter. With revenue down on a yearly basis – thanks in large part to softer client sales – Intel is no longer on a hot streak of setting records. At the same time, however, the company has dialed back its lofty expectations accordingly, and as a result was still able to slightly edge out its Q1 guidance.

For the first quarter of 2022, Intel booked $18.4B in revenue, a drop of 7% from the year-ago quarter. Buffering the company against this revenue drop on a GAAP basis has been an improvement in both operating income and net income, both of which benefitted from some one-off restructuring and investment gains (McAfee equity sale). As a result, Intel booked $8.1B in net income on a GAAP basis, which is a 141% improvement on the year. Otherwise, stripping things back to non-GAAP financials, things more closely mirror the overall revenue picture with a 35% decline in income.

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A Peek Inside Jonas Brothers’ Extensive Real Estate Portfolio

The Jonas Brothers are an American pop-rock band composed of three members Kevin, Joe, and Nick Jonas. The trio has been performing collaterally since 2005 and ventured into solo careers before reuniting in 2019. The wildly successful stars share a combined net worth of $150 million, and their luxury lifestyle features fancy vacations, jaw-dropping car collections, and real estate. A massive chunk of their profits lies in buying and selling properties. Kevin, the eldest sibling, has also stepped into the real estate arena and founded his construction company while simultaneously making music. Throughout their careers, the trio has gone through a journey from buying their first home to owning bachelor pads and eventually building family homes to accommodate their growing members.

From their first ranch in Texas to buying multi-million dollar estates across Los Angeles, Miami, and New York, the Jonas Brothers have stunning family homes with luxurious amenities. Let’s look at their extensive real estate portfolio.

10 Westlake, Texas Ranch

Jonas Brothers released their first single in 2005, which entered the Top 10 US Charts. Within the next three years, the band had released three albums and was ready to set out on their first tour called Burnin’ Up. According to Architectural Digest, their first home was located in Westlake, Texas, and cost $2.8 million. The six-bedroom and six-and-a-half-bathroom home were sold in 2015 for an undisclosed amount.

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9 Kevin Jonas: New Jersey Mansion

Being the oldest brother, Kevin was the first to buy a home of his own in 2010. He purchased a home in Denville, New Jersey, for $1.2 million that he shared with his wife, Danielle. It featured five bedrooms and five-and-a-half bathrooms with a stone exterior and white marble flooring. It is the same home where the couple shot their reality series Married To Jonas.

8 Nick Jonas: LA Bachelor Pad

Nick made moved to Los Angeles in 2013 by purchasing a Mediterranean home for $3.2 million on the Sunset Strip. The mansion was first built in 1938 and featured rustic wood floors and a wood-burning fireplace. Two years later, he sold the property for $3.4 million, making a $200,000 profit.

7 Joe Jonas: West Hollywood Mansion

Joe bought his first home in 2014, a traditional-style mansion, for $2.6 million. The house maintained its original exterior built in 1923 but was renovated with modern decor and appliances. The 2,900 sq. of the property featured four bedrooms, five bathrooms, and lush landscaping outdoors. A year later, he sold the home for $2.9 million.

6 Joe Jonas: Farmhouse

A year after selling his first home, the star bought a farmhouse-style estate in Sherman Oaks, California, for $3.7 million. Called the Sutton House, the luxury home spans 5,600 sq. ft. of living space and has four bedrooms and six bathrooms, as noted by Dirt. The bountiful backyard of the home is equipped with a dark bottomed swimming pool and a barn-style pool house. More than a year after getting engaged to Sophie Turner, he sold the property for $3.7 million in 2019.

5 Kevin Jonas: Boonton Home

After establishing his company JonasWerner Homes, Kevin purchased an estate for $820,000 in 2013. The singer and his wife Danielle tore down the original house and built a Hampton-style mansion on the three-acre gated space in Boonton Township. They first listed the property on sale in 2014 for $3.4 million and eventually sold it for $2 million in 2017.

4 Kevin Jonas: Custom New Jersey Home

The third custom-built home for the oldest brother, Kevin Jonas, moved into his Montville home in 2016. The five-bedroom and six-and-a-half bathroom home was constructed by his company JonasWerner Homes. As mentioned by People, after living in the house for five years, he listed the property on sale for $2.48 million and sold it for $2.45 million.

3 Nick Jonas: Beverly Hills Estate

In 2019, Nick bought a Beverly Hills estate for $6.5 million, the same year he married Priyanka Chopra. The estate was located at the Beverly Hills Post Office Area and spanned 3,150 sq. ft. of area. The three-bedroom, four-bathroom home featured floor-to-ceiling windows, custom wood paneling, and wide-plank oak floors. The couple sold the property for $6.9 million to tennis star Naomi Osaka.

2 Nick Jonas: San Fernando Valley Estate

Nick and Priyanka splashed out a whopping $20 million to snag a San Fernando Valley Estate in Encino. The grand home is the most expensive property on the list and features double-height hallways and abundant windows. It has additional amenities, including a mirror-walled gym, wet bar, two-lane bowling alley, and an indoor basketball court.

1 Joe Jonas: Encino Property And Miami Mansion

Three miles away from Priyanka and Nick’s stunning estate, Joe and Sophie bought an Encino estate for $14.1 million. The couple didn’t stay at the property for long and sold the ten-bedroom, fourteen-bathroom home for $15.2 million. In 2021, the couple purchased their first property in Miami for $11 million. It features six bedrooms and nine bathrooms, as stated by NY Post.

The Jonas Brothers have also lived in multiple rental properties throughout the years. The trio favors properties that are traditional yet offer modern amenities to give the cozy comfort of a family house.

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Sources: Architectural Digest, Dirt, People, NY Post

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